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Starlineps Enterprises Ltd:Shares of jewellery company Starlineps Enterprises Limited were in focus today on Monday. The company's stock hit an upper circuit of 5% today and the stock reached an intraday high of Rs 88.55. This rise in the shares has been seen after the announcement of stock split and bonus shares. Actually, the company had a board meeting on September 14. In this, bonus shares in the ratio of 1:5 and stock split in the ratio of :5 have been announced.

What is the record date?

Starlineps Enterprises Limited has announced bonus shares in the ratio of 1:5. This means that if you have 5 shares of the company, you will be given 1 share extra. The company has fixed September 25, 2024 as the record date for bonus issue shares. At the same time, Starlineps Enterprises Limited has also recommended stock split/subdivision of 1 equity share of face value of Rs 1 into 5 (five) fully paid equity shares of face value of Rs 1 each. The record date for the stock split of Starlineps Enterprises is September 25, 2024.

 

Condition of the company's shares

Starlineps Enterprises Limited stocks have been performing poorly in the last few months. These stocks are giving negative returns to investors. The stocks have fallen by 29 per cent in 2024. In the last one year, the stocks have given a negative return of 14%. However, in the last five years, the stocks have given a return of 810 per cent. Jewellery company Starlineps Enterprises Limited is a microcap company with a mcap of Rs 382.80 crore. The 52-week high price of the company's stock is Rs 185.80 and the 52-week low price is Rs 83.30.

Starlineps Enterprises Ltd reported that its revenue between April-June for FY25 was Rs 17.15 crore. Net profit stood at Rs 2.85 per share during this period. Earnings per share (EPS) for Q1FY25 was Rs 0.66 per share.

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